August 28, 2024 at 08:49AM
Check Point Software Technologies, a cybersecurity firm, has agreed to acquire Cyberint Technologies for an estimated $200 million, combining threat intelligence with attack surface reconnaissance to enhance security operations. Cyberint’s platform, utilizing dark web data harvesting and continuous testing, will integrate into Check Point’s Infinity Platform to offer comprehensive security solutions.
Key Takeaways from the Meeting Notes:
– Check Point Software Technologies (NASDAQ: CHKP) has agreed to acquire Cyberint Technologies, a cybersecurity firm that specializes in fusing threat intelligence with attack surface reconnaissance.
– Cyberint Technologies, founded in 2010 and based in Tel Aviv, Israel, has over 170 employees and had raised $68 million in funding.
– The acquisition is aimed at enhancing Check Point’s own Security Operations Center (SOC) capabilities and expanding its managed threat intelligence offerings, integrating Cyberint’s capabilities into the Check Point Infinity Platform.
– While the terms of the deal were not disclosed, reports suggest the acquisition is valued at roughly $200 million, including cash and shares.
– The transaction is expected to close by the end of 2024, subject to customary closing conditions.